How should I prepare for a tax audit?
An example of an AI chatbot conversation about tax audit preparation.
How should I prepare for a tax audit?
Preparing for a tax audit involves gathering all relevant documents, such as tax returns, receipts, and financial statements.
What specific documents do I need to collect?
You should collect your tax returns for the past few years, W-2s, 1099s, receipts for deductions, and any correspondence from the IRS.
How can I ensure I’m compliant with tax laws?
To ensure compliance, keep accurate records, stay updated on tax laws, and consider consulting a tax professional.
What should I do if I find discrepancies in my records?
If you find discrepancies, address them immediately by correcting your records and consulting a tax advisor for guidance.
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